Asking Price: $335,000Engine Rebuild and General Auto Repair Shop
Not Disclosed, TX
Dallas County
Auto repair shop for sale with high volume in a prime location engine wholesale, rebuild, and repair shop in North Dallas is now available for acquisition. This business was originally established eight years ago by the son of the current business owner in 2014. This business is in a 4,800 SF freestanding building located in the hub of a well-known city for a corridor for automotive-related repair shops. Originally, the son operated the business for the first 4-5 years, and a much more experienced and knowledgeable father took over the business in May 2019. The sales have significantly gone up since.Competition is expected for this type of business industry. Still, this business has a competitive advantage over others by importing genuine and original engines and parts offered at reasonable and affordable prices. Few other competitors have gone out of business in the immediate area. This engine wholesale business offers high-quality, genuine parts and engines imported from Japan and general automotive services such as brake, transmission, engine, and engine rebuild. This business has an established customer base and consists of individuals from the local area, out-of-state, and used auto dealerships from the surrounding area. Gross sales have been approximately $27,000/month while the son has been operating. Still, since the father took over the business in May, the sales have significantly increased to $43,000/month with minimal marketing. The 2020 and 2021 monthly gross revenue has grown to $55,000 due to the expertise, knowledge, and customer service the current owner is fully able to provide, and 2022 is projected to be a record year as the monthly sales have been growing steadily and are approximately $80,000. Currently, most customers are from word of mouth and referrals, and minimal marketing is in place. The owner is not proactively marketing the business for fear of an overwhelming workload and inability to provide quality service and timely jobs. Hiring an additional technician and implementing proactive marketing methods such as social media outlets, email marketing, web-based advertisements, direct mailing, etc., must be fully utilized to achieve maximum income potential. Marketing efforts to acquire local auto dealers' corporate accounts can also greatly improve overall sales. Many unused spaces in the office could be turned into more showroom style with engines, transmissions, and retail merchandise to advertise the products the business provides. This engine wholesale business has done very well with its groundwork and is poised for next-level growth with more proactive marketing and a tech-savvy owner. A potential buyer must be experienced and knowledgeable in this industry and put some marketing effort into promoting the business to expose itself to local customers and the online marketplace.
Asking Price: Not Disclosed
Asking Price: $399,000
